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Tag: Lebanon

Posted on September 19, 2022

Natural Gas May Soon Spark War Between Israel and Hezbollah | Opinion

There are signs that a new Hezbollah attack may be coming in the next few weeks. This time the context is a natural gas dispute between Lebanon and Israel now being mediated by the United States.

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Posted on September 18, 2022

Jordan’s foreign minister signals further obstacles to electricity deal with Lebanon

Jordan’s foreign minister has signalled that the kingdom has to clear more hurdles before it can begin exporting power to Lebanon under a deal that has significant geopolitical implications for the …

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Posted on September 18, 2022

Explained | Lebanon’s economic meltdown and why people are robbing banks for their own money

Lebanon’s financial system has been in paralysis since 2019 with the Lebanese Pound having lost nearly 95% of its value …

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Posted on September 17, 2022

A woman held a bank in Lebanon hostage to take money out of her savings to pay for her sister’s cancer treatment: ‘I have nothing left to lose’

“My sister is dying in front of me and no one wants to help us. The bank stole my money. I have nothing left to lose,” Sali Hafez said.

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Posted on September 17, 2022

Depositors storm 5 banks as Lebanon’s cash crisis worsens

Friday’s raids were the most in a single day, and raised the possibility that more desperate depositors would try to extract their money by force. The break-ins reflect public anger at the banks’ …

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Posted on September 16, 2022

Sabra and Shatila massacre: What happened in Lebanon in 1982?

Israeli-backed Phalange militia killed between 2,000 and 3,500 Palestinian refugees and Lebanese civilians in two days.

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Posted on September 16, 2022

Depositors storm four banks as Lebanon’s cash crisis worsens

Lebanese depositors, including one armed with a hunting rifle, broke into at least four banks Friday to demand their trapped savings, a sign of growing chaos in the small Mediterranean nation amid a …

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Posted on September 15, 2022

Opinion: Prospect of the UN mission in Lebanon

UNSCR 2650 – a potential pivot for change on the backdrop of growing Blue Line instability in southern Lebanon – Click the link for more details.

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Posted on September 15, 2022

People in Lebanon are holding up banks to withdraw their own money amid the country’s financial crisis

To prevent capital flight, banks in Lebanon have been limiting the amount of money depositors can withdraw from their bank accounts.

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Posted on September 15, 2022

Factbox: Just how bad is Lebanon’s economic crisis?

Savers held up two banks in Lebanon on Wednesday to demand access to their own deposits frozen in the country’s paralysed financial system, underlining desperation among citizens unable to access …

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